My expectations for GBPJPY are still bullish.
Inside a weekly range that is bullish, 2MBs (BOS) to the upside. On Sunday or Monday I am expecting price to sweep the lows of Friday into Daily demand zone (D) (Strong Low) before continuing to the upside for the rest of next week.
If price disproves our daily demand zone then I will be looking for shorts but until then I will remain looking for continuation.
Inside a weekly range that is bullish, 2MBs (BOS) to the upside. On Sunday or Monday I am expecting price to sweep the lows of Friday into Daily demand zone (D) (Strong Low) before continuing to the upside for the rest of next week.
If price disproves our daily demand zone then I will be looking for shorts but until then I will remain looking for continuation.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.